5039 E Corrine Drive, Scottsdale, AZ 85254, Scottsdale, 85254 - 4 bed, 3 bath
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Scottsdale, AZ 85254
This Remodeled Scottsdale Residence is a Prime Investment Opportunity, listed at $1,300,000—positioned well below the $1,336,383 Fair Market Value by 2%. This valuation gap offers $36,383 in Instant Equity. Boasting a Mint Condition Rating from a comprehensive 2022 remodel, the home features an open-concept layout, modern kitchen, and a private backyard retreat with a pool and citrus trees. Located in the "Magic 85254" zip code within the Paradise Valley Unified School District near Horizon High School, it balances lifestyle luxury with financial upside. This is an ideal match for Luxury Home Seekers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5039 E Corrine Drive Subject | $1,300,000* List Price | 4 | 3 | 2,338 | $572 | - |
A 5101 E Bloomfield Road Sold | $1,244,900 List Price | 4 | 2 | 2,455 | 0.2 mi | |
B 5102 E CHARTER OAK Road Sold | $912,000 | 4 | 3 | 2,220 | $411 | 0.2 mi |
C 4910 E SHAW BUTTE Drive Sold | $962,300 | 4 | 2 | 1,950 | $493 | 0.4 mi |
D 5008 E BLOOMFIELD Road Active Under Contract | $975,000 List Price | 4 | 3 | 2,089 | $467 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive remodel in 2022 (less than 5 years ago), featuring a modern open-concept layout, updated kitchen and bathrooms with contemporary finishes, and new flooring throughout, placing it in mint condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10227, living area = 2338.
Situated in the highly coveted 85254 'Magic Zip Code,' the property offers a Scottsdale address with Paradise Valley schools and is minutes from the major Paradise Valley Mall redevelopment.
The home features a comprehensive 2022 renovation including expanded livable square footage, a modern open-concept layout, and updated kitchen and flooring for a move-in-ready experience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2338, other record living area = 2244.
Despite the recent aesthetic and space upgrades, the 1978 original construction may present concerns regarding the longevity of underlying infrastructure like plumbing and electrical systems.
At a $1.3M valuation, the property faces stiff competition from newer builds or larger estates, potentially challenging buyers' perception of value relative to the year built.
PICTURES COMING-Located in the highly desirable 85254 zip code within the Paradise Valley Unified School District, this beautifully remodeled home (2022) offers expanded livable space, a newly added half bath and mud room, and a bright open-concept layout perfect for everyday living. The split floor plan features an updated kitchen and dining area with modern flooring throughout. Step outside to a private backyard retreat with a pool, covered patio, and mature citrus trees--ideal for relaxing or entertaining. Just one block from Sonrisa Park and within a mile of the newly updated Paradise Valley Mall, with easy access to dining, shopping, and golf. Located within the boundaries of Desert Shadows Elementary and Middle Schools and Horizon High School.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 64% |
| Square foot | 2,338 | 2,154 | 62% |
| Lot Size | 10,227 | 10,392 | 47% |
| Price | $1.30M | $0 | 83% |
| Price per sq ft | $556 | $0 | 83% |
| Built year | 1978 | 1983 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 65 | 2590 | 1% |
Apr 20, 2026
$1,300,000
Initial Listing